John Troiano Sells 3,671 Shares of OneWater Marine (NASDAQ:ONEW) Stock

OneWater Marine Inc. (NASDAQ:ONEWGet Free Report) Director John Troiano sold 3,671 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $12.16, for a total value of $44,639.36. Following the completion of the sale, the director directly owned 50,481 shares in the company, valued at approximately $613,848.96. This trade represents a 6.78% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

John Troiano also recently made the following trade(s):

  • On Friday, May 8th, John Troiano sold 27,844 shares of OneWater Marine stock. The shares were sold at an average price of $12.07, for a total value of $336,077.08.
  • On Thursday, February 12th, John Troiano sold 1,662 shares of OneWater Marine stock. The shares were sold at an average price of $13.19, for a total value of $21,921.78.

OneWater Marine Stock Down 2.0%

Shares of OneWater Marine stock opened at $10.94 on Thursday. The business’s fifty day moving average price is $10.05 and its two-hundred day moving average price is $11.77. The company has a debt-to-equity ratio of 1.23, a current ratio of 1.16 and a quick ratio of 0.29. The company has a market capitalization of $181.82 million, a P/E ratio of -1.46 and a beta of 1.49. OneWater Marine Inc. has a 1-year low of $8.12 and a 1-year high of $17.92.

OneWater Marine (NASDAQ:ONEWGet Free Report) last announced its earnings results on Thursday, April 30th. The company reported ($0.34) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.43). The business had revenue of $442.29 million for the quarter, compared to the consensus estimate of $477.30 million. OneWater Marine had a negative net margin of 6.69% and a positive return on equity of 2.22%. OneWater Marine has set its FY 2026 guidance at 0.200-0.700 EPS. As a group, research analysts forecast that OneWater Marine Inc. will post 0.58 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on ONEW shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of OneWater Marine in a research report on Tuesday, April 21st. Robert W. Baird set a $13.00 price target on OneWater Marine in a research report on Friday, May 1st. KeyCorp lowered their price target on OneWater Marine from $16.00 to $14.00 and set an “overweight” rating on the stock in a research report on Friday, May 1st. Finally, Truist Financial lowered their price target on OneWater Marine from $17.00 to $15.00 and set a “buy” rating on the stock in a research report on Monday, April 27th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, OneWater Marine has a consensus rating of “Hold” and a consensus target price of $14.00.

Check Out Our Latest Stock Analysis on ONEW

Hedge Funds Weigh In On OneWater Marine

A number of hedge funds have recently modified their holdings of ONEW. AQR Capital Management LLC acquired a new position in shares of OneWater Marine in the 1st quarter worth $345,000. Goldman Sachs Group Inc. grew its holdings in shares of OneWater Marine by 8.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 101,291 shares of the company’s stock worth $1,639,000 after acquiring an additional 7,659 shares during the last quarter. Marshall Wace LLP grew its holdings in shares of OneWater Marine by 290.9% in the 2nd quarter. Marshall Wace LLP now owns 92,042 shares of the company’s stock worth $1,232,000 after acquiring an additional 68,494 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of OneWater Marine by 94.7% in the 2nd quarter. Raymond James Financial Inc. now owns 20,948 shares of the company’s stock worth $280,000 after acquiring an additional 10,189 shares during the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of OneWater Marine by 126.6% in the 2nd quarter. Jane Street Group LLC now owns 25,831 shares of the company’s stock worth $346,000 after acquiring an additional 122,976 shares during the last quarter. 94.32% of the stock is currently owned by institutional investors and hedge funds.

OneWater Marine Company Profile

(Get Free Report)

OneWater Marine Inc (NASDAQ: ONEW) is a leading U.S.-based recreational boat retailer offering a comprehensive range of marine products and services. Since its public debut in 2018, the company has built a broad network of locations that serve both coastal and inland markets. OneWater Marine focuses on delivering a full-service customer experience, from initial boat selection to long-term maintenance and support.

Through its dealership network, OneWater Marine markets new and pre-owned powerboats and personal watercraft from top manufacturers.

Further Reading

Insider Buying and Selling by Quarter for OneWater Marine (NASDAQ:ONEW)

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